ArcLight CTC Holdings II, L.P. - 06 May 2021 Form 4/A - Amendment Insider Report for ArcLight Clean Transition Corp. II (OPAL)

Role
10%+ Owner
Signature
ArcLight CTC Holdings II, L.P., By: ACTC Holdings GP II,LLC, its general partner, /s/Daniel R. Revers
Issuer symbol
OPAL
Transactions as of
06 May 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
03 Feb 2022, 17:06:22 UTC
Date Of Original Report
10 May 2021
Next filing
10 May 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OPAL Class B ordinary shares Other -127,174 -1.6% 7,639,076 06 May 2021 Class A ordinary shares 127,174 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 reflects the surrender to the issuer of 127,174 of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person as a result of its participation in the issuer's initial public offering, as more fully described in the issuer's registration statement on Form S-1 (File No. 333-252730).
F2 As described in the issuer's registration statement on Form S-1 (File No. 333-252730) under the heading "Description of Securities -- Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F3 This Form 4 is being filed by the reporting person. The reporting person is controlled by Daniel R. Revers.

Remarks:

This Form 4/A is only to conform the date of the earliest transaction and correct the reported amount of beneficial ownership following the reported transaction - beneficial ownership should have been reported as 7,639,076 - not 6,920,326 as reported on May 10, 2021.